Jim Cramer Commented on These 17 Stocks

Page 4 of 16

13. Palo Alto Networks, Inc. (NASDAQ:PANW)

Number of Hedge Fund Holders: 77

Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the 17 stocks that Jim Cramer commented on. While discussing Palo Alto Networks, Inc. (NASDAQ:PANW), Cramer said that it is an “amazing” company.

“Then Palo Alto’s just become, after Zscaler, the cyber equipment company that people most want… That’s Nikesh Arora. Amazing company, cybersecurity.”

Palo Alto Networks (NASDAQ:PANW) provides a suite of cybersecurity solutions spanning network, cloud, and security operations. The company also offers professional and support services to help organizations detect, prevent, and respond to cyber threats. In May, during an episode of Squawk on the Street, Cramer remarked:

“Okay so Palo Alto did not, you know they beat it, but they did not raise. Now there’s a history of them doing that. I do think that this is an overreaction. I do think that, remember I said April was a tough month in this country. But this is the opportunity, now this is another one, this one usually goes down between seven and ten percent. Then it stabilizes tomorrow and by next week it starts going up. That’s the pattern. And you know look I can just tell you that’s a correct analysis or I can tell you that what happens everytime. TJX, same thing. These companies do not put themselves in harm’s way. They do not raise big because they know that that’s going to lead to sadness…

…Yeah look I just think that it’s business as usual there. It’s AI. They have this, they are all in on AI and you have to be. And the threats are as horrible as ever. But at the same time, if you do not raise, the next quarter, especially when it’s the end of your fiscal year, then your stock gets hit. That’s the game. That’s just the game. We know that.”

Page 4 of 16